1. The price of a cell phone is modeled by the demand equation of p =...
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1. The price of a cell phone is modeled by the demand equation of p = 45-.0125x where x is in thousands of phones produced. Find the revenue function and the price that will produce the maximum revenue. (Remember Revenue = xp) 1. The price of a cell phone is modeled by the demand equation of p = 45-.0125x where x is in thousands of phones produced. Find the revenue function and the price that will produce the maximum revenue. (Remember Revenue = xp)
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